About

Welcome to my blog! This is a blog focusing on the basic tools and models from probability and statistics that are applicable in managment of financial risks. Problems and examples will be drawn from financial investments, various areas of actuarial science.

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One thought on “About

  1. Hi Dan,
    I was searching for some information about mixed distributions and came across to your blog. I went through your posts and those help me. But, my problem is a slightly I think so!Suppose that we have 5 random binary (0 and 1) X variables which are independently distributed. the probability of each variable is p1,p2,…,p5. Let Y denotes as the sum of those X variables then the problem is to find the expected value and variance of Y.
    I was wondering if you help me.

    Thanks,
    Amin.

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